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after independence into four sequential phases of growth and structural change. This periodization of India’s post …
Persistent link: https://www.econbiz.de/10008596404
change to the change in China’s energy consumption in the 1980s. However, no detailed analysis to date has been done to … filled this gap by investigating the change in energy consumption in China’s industrial sector in the 1990s, based on the … growth rate dramatically in line with the belief that the growth rate of China’s GDP may be overestimated. …
Persistent link: https://www.econbiz.de/10005787142
A two country, three sector hybrid model of structural change with distortionary government policies is used to quantify the impact of international trade and trade reform for industrialization. The model features Arming- ton motivated trade in agriculture and industry, and a novel...
Persistent link: https://www.econbiz.de/10011258875
In this paper Pasinetti’s model of structural economic dynamics (1981) is extended to consider international economic relations. Conditions for full employment, full expenditure of income and equilibrium of the trade balance are established for an open economy that requires capital goods to...
Persistent link: https://www.econbiz.de/10011258954
Although the Structural Economic Dynamic approach provides a simultaneous consideration of demand and supply sides of economic growth, it does not take into fully account the possible role played by demand in the generation of technical progress. From a neo-Kaldorian perspective, this paper...
Persistent link: https://www.econbiz.de/10011259000
US economist Hyman Minsky jokingly used to claim that there are as many varieties of capitalism as Heinz has pickles, that is 57 varieties (Minsky 1991). In this paper we argue that economic integration provides a similar analytical problem: economic integration can take many forms, and some are...
Persistent link: https://www.econbiz.de/10011259477
This paper provides new evidence for the servitization of European manufacturing – the trend that manufacturing firms increasingly offer services along with their physical products. We employ input-output data as well as data from a company survey to give a comprehensive picture of...
Persistent link: https://www.econbiz.de/10011259499
The study examines influence of FIIs on the Indian equity market and its role in integration with US equity market. It provides insight for policy formulation in order to move towards greater liberalized FII’s policy regime for regaining FIIs confidence in the Indian equity market. The time...
Persistent link: https://www.econbiz.de/10011259596
cent, and 20 per cent to India’s overall GDP respectively, in 2006. However, the contribution of these major sectors to GDP … increased a little bit in 2009-2010. And similar to the India average, the share for Tertiary sector is continuously increasing …
Persistent link: https://www.econbiz.de/10011260454
Our main goal in this paper is to classify productive sectors according to the combination of two effects. The first effect lies in the change of their external dependency on imported inputs. The second effect is related to the change of their ability to generate value-added by unit of final...
Persistent link: https://www.econbiz.de/10011261763